Teresa Caludina

Teresa is a single mother, and she has three school age children. They are the reason that she started the business of selling crabs. Her whole family devotes itself to the same business that she does. She decided to join them as the proprietress because she could not find work.

The work she does is very tiring because she sells by the pound. She has to peel great quantities. During the process her hands get hurt the most. Even though she uses gloves, she gets cut on various occasions. She starts her work together with two siblings at three in the morning and works until six in the evening.

They sell crabs in bundles or by the pound, the latter being the most expensive. Terese is well-known in her neighborhood for being one of the founders. She arrived in Guasmo when it was just being populated, which is the reason she was able to buy a house. The neighborhood is peaceful, and, thank God, they have not had problems.

She will use the loan to buy bundles of crabs. She will also buy shrimp and three display cases to keep the product fresh.

Additional Information

About Banco D-MIRO

Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.